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Kinross Gold (Kinross Gold) 3-Year Dividend Growth Rate

: 27.90% (As of Dec. 2023)
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Kinross Gold's Dividends per Share for the three months ended in Dec. 2023 was $0.03.

The historical rank and industry rank for Kinross Gold's 3-Year Dividend Growth Rate or its related term are showing as below:

KGC' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -5.6   Med: 11.5   Max: 27.9
Current: 27.9

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Kinross Gold was 27.90% per year. The lowest was -5.60% per year. And the median was 11.50% per year.

KGC's 3-Year Dividend Growth Rate is ranked better than
58.89% of 180 companies
in the Metals & Mining industry
Industry Median: 23.1 vs KGC: 27.90

During the past 12 months, Kinross Gold's average Dividends Per Share Growth Rate was -1.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 27.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Kinross Gold's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.50. As of today, Kinross Gold's Dividend Yield % is 1.80%.

Warning Sign:

Kinross Gold Corp stock dividend yield is close to 2-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Gold subindustry, Kinross Gold's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kinross Gold 3-Year Dividend Growth Rate Distribution

For the Metals & Mining industry and Basic Materials sector, Kinross Gold's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Kinross Gold's 3-Year Dividend Growth Rate falls into.



Kinross Gold 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Kinross Gold  (NYSE:KGC) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Kinross Gold's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.03/ 0.06
=0.50

During the past 13 years, the highest Dividend Payout Ratio of Kinross Gold was 0.71. The lowest was 0.06. And the median was 0.34.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Kinross Gold Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0302024-03-052024-03-062024-03-21Cash DividendquarterlyUSD:USD 1.000000
USD 0.0302023-11-292023-11-302023-12-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.0302023-08-232023-08-242023-09-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.0302023-05-312023-06-012023-06-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Kinross Gold's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.12/6.77
=1.77 %

Current Share Price is $6.77.
Kinross Gold's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.12.

During the past 13 years, the highest Dividend Yield of Kinross Gold was 3.79%. The lowest was 0.33%. And the median was 2.18%.

Warning Sign:

Kinross Gold Corp stock dividend yield is close to 2-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Kinross Gold 3-Year Dividend Growth Rate Related Terms>


Kinross Gold (Kinross Gold) Business Description

Address
25 York Street, 17th Floor, Toronto, ON, CAN, M5J 2V5
Kinross Gold is a Canada-based gold producer, producing roughly 2 million gold equivalent ounces in 2022. The company had about a decade of gold reserves at the end of 2022. It operates mines in the Americas and West Africa after selling its low-cost Russian operations in 2022 in response to the invasion of Ukraine. The company has historically used acquisitions to fuel expansion into new regions and production growth. In 2022, Kinross purchased the Great Bear project in Canada, which, if developed, could produce an average of more than 500,000 ounces of gold per year for at least a decade.

Kinross Gold (Kinross Gold) Headlines